RE: Why is this not rallying?22 Sep 2017 04:16
If you read my history/histrionics here I'm continually pointing the finger at unknown downward forces on the sp, haven't a clue who or why. I believe we are about 20% undervalued, someone is causing this and has been for years now!
Of late, volume here has reduce by about a third since consolidation, curios! No idea why.
What is really needed here is II's to be convinced, however they won't do anything until decent declared dividends are part of the scenario and a credible forward plan is articulated. What with the new helmslady bringing good tidings, all our metrics improving, and the fact that we are acknowledged as the most credible bank in the country, I would hope that change is imminent and long overdue. I did get a call from Investor Relations and they did acknowledge the frustration concerning the SP, but seemed credibly determined to reverse this. It's been a very long haul but before year end, extraordinary global circumstances excluded, we should see a good rise and a return to normal pre crisis behaviour. IMO.